Streetbeat News

Earnings

DIS

Deep-pocketed investors have shown a bullish sentiment towards Walt Disney (NYSE:DIS) options, with a notable increase in activity. Benzinga's tracking revealed 49 extraordinary options activities, with a majority leaning bullish. The significant trading activity suggests a price target range of $75.0 to $125.0 for DIS over the next three months. The analysis of volume and open interest in DIS options provides insights into market liquidity and interest. Current trading volume and a slight price increase in DIS stock are also highlighted, alongside a mention of its next earnings report.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 7:46 pm

ARM

Deep-pocketed investors have shown a bullish trend in options trading for ARM Holdings (NASDAQ:ARM), with a significant move suggesting a big event on the horizon. Benzinga's options scanner revealed 25 extraordinary activities, with a bullish sentiment from 56% of investors. The trading activity predicts ARM's price to range between $60.0 and $82.0 in the next three months. Currently, ARM's stock is up by 2.35%, trading at $74.99, with an anticipated earnings release in 1 day. Keybanc maintains an Overweight rating with a target price of $75.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 7:45 pm

APD

Air Products and Chemicals, Inc. (APD) reported lower-than-expected Q1 financial results and reduced its FY24 EPS guidance, leading to a 0.4% drop in its stock price. Analysts from Barclays, BMO Capital, Mizuho, JP Morgan, and Seaport Global adjusted their price targets and ratings in response.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 7:40 pm

BRTX

PLTR

PRSO

SUNW

TENX

ULCC

WTW

Nasdaq fell by 50 points while Willis Towers Watson reported better-than-expected Q4 earnings. Tenax Therapeutics, Palantir Technologies, and Frontier Group Holdings saw significant stock increases, whereas Sunworks, BioRestorative Therapies, and Peraso Inc. experienced major declines. The materials sector led gains, while information technology shares dropped.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 7:30 pm

BTTR

RKDA

STSS

Insiders at Sharps Technology, Better Choice Company, and Arcadia Biosciences have recently made significant stock purchases. These transactions indicate insider confidence in these companies, which are all trading under $3. Sharps Technology's CEO acquired shares following a strategic LOI, Better Choice's Director made a large purchase after a positive earnings report, and Arcadia Biosciences' CFO bought shares also after a favorable earnings outcome.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 7:30 pm

ATHM

Autohome's shares experienced an increase following the announcement of their Q4 results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 7:27 pm

FXI

NYCB

PLTR

SOXX

TLT

XLB

XLK

Wall Street's major indices showed mixed performance as investors awaited Federal Reserve officials' speeches. The Nasdaq 100 and iShares Semiconductor ETF (SOXX) fell, while the iShares 20+ Year Treasury Bond ETF (TLT) and iShares China Large-Cap ETF (FXI) rose. New York Community Bancorp (NYCB) plummeted after concerns over commercial real estate loans. Sector-wise, the Materials SPDR Select Sector Fund (XLB) led gains, while the Technology SPDR Select Sector Fund (XLK) lagged. Notable stock movements included Palantir Technologies (PLTR) surging on strong earnings.

Portfolio Pulse from Piero Cingari

February 06, 2024 | 7:24 pm

CTS

CTS shares surged following the announcement of impressive Q4 financial results, surpassing expectations. The company also provided optimistic guidance for 2024 and revealed plans for a $100 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 7:23 pm

Kimball Electronics shares are trading lower following the announcement of disappointing Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 7:20 pm

ULCC

Frontier's stock (ULCC) is trading higher following the announcement of their Q4 financial results and the issuance of future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 7:19 pm